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ME equity issues up 68pct in Q3

Posted on 20 October 2011

The equity capital markets (ECM) issuance in the Middle East region surged 68 per cent to hit $8.9 billion during the third quarter of 2011 compared to $5.3 billion last year, said a report by Thomson Reuters.
However, this equity issues growth failed to lift overall investment banking fees, which fell 35 per cent from $483.8 million to $316.6 million for same nine month period in 2011, Thomson Reuters said in its third quarter investment banking analysis for ME region……………………………………….Full Article: Source

 
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